iShares Floating Rate Bond ETF (BATS:FLOT) Holdings Increased by Cascade Wealth Advisors Inc

Cascade Wealth Advisors Inc lifted its stake in iShares Floating Rate Bond ETF (BATS:FLOT) by 13.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 257,611 shares of the company’s stock after buying an additional 30,544 shares during the quarter. iShares Floating Rate Bond ETF makes up 8.9% of Cascade Wealth Advisors Inc’s holdings, making the stock its largest position. Cascade Wealth Advisors Inc owned about 0.18% of iShares Floating Rate Bond ETF worth $13,107,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Logan Capital Management Inc. purchased a new position in iShares Floating Rate Bond ETF during the third quarter worth approximately $25,000. Darwin Wealth Management LLC purchased a new position in iShares Floating Rate Bond ETF during the third quarter worth approximately $27,000. Boyd Watterson Asset Management LLC OH boosted its position in iShares Floating Rate Bond ETF by 227.5% during the fourth quarter. Boyd Watterson Asset Management LLC OH now owns 1,392 shares of the company’s stock worth $71,000 after purchasing an additional 967 shares in the last quarter. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares Floating Rate Bond ETF during the fourth quarter valued at approximately $100,000. Finally, Marshall Investment Management LLC acquired a new position in shares of iShares Floating Rate Bond ETF during the fourth quarter valued at approximately $117,000.

iShares Floating Rate Bond ETF Price Performance

Shares of iShares Floating Rate Bond ETF stock opened at $51.10 on Monday. The business has a 50 day simple moving average of $50.97 and a two-hundred day simple moving average of $50.96. iShares Floating Rate Bond ETF has a 12 month low of $50.76 and a 12 month high of $51.10.

iShares Floating Rate Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be issued a dividend of $0.1912 per share. The ex-dividend date is Monday, March 3rd.

iShares Floating Rate Bond ETF Profile

The iShares Floating Rate Bond ETF (FLOT) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market value-weighted index of USD-denominated, investment-grade floating rate notes with maturities of 0-5 years. FLOT was launched on Jun 14, 2011 and is managed by BlackRock.